About Seal Software
Seal Software is a Professional & Legal Services company based in San Francisco (United States) founded in 2010, and was acquired by DocuSign in February 2020. Contract data is discovered, extracted, and analyzed for portfolio management. It operates in the Professional & Legal Services and Technology sectors. Seal Software has raised $50.58 million across 6 funding rounds from investors including DocuSign, Tern and Toba Capital. The company has 112 employees. Seal Software has completed 1 acquisition, including Apogee Legal. Its focus areas include Enterprise Applications, Legal Tech, Legal Contract Management and Contract Analytics & Due Diligence. Its legal entity is SEAL SOFTWARE, INC. Its competitors include LexCheck, LegalSifter and Terzo; 3 of its 3 listed competitors have raised funding.
Company details
Seal Software was founded in 2010 and is based in San Francisco, United States. Solutions for contract discovery, extraction, and analytics are offered in the legal technology sector. Unstructured contract data is located across organizational systems. Thousands of contracts are processed using machine learning, natural language processing, and proprietary methods. Repositories are populated and updated, with integrations provided for CRM, CLM, and ERP platforms.
- Headquarters San Francisco, United States
- Employees 112
- Stage Acquired
- SectorsProfessional & Legal ServicesTechnology
- Website seal-software.com
- Social LinkedIn X Facebook
- Acquired by DocuSign (Feb 2020)
- Legal Name Seal Software, Inc.
Funding Insights of Seal Software
Seal Software has successfully raised a total of $50.58M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $50.58M
- Total Rounds 6
- Last Round Series B — $15M
- First Round $1.5M
(Jun 2013)
- Investors Count 4
All 6 funding rounds of Seal Software with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | $15M | Series B | – | DocuSign | – |
| Jun 2018 | $30M | Series B | – | Toba Capital | – |
| Jul 2017 | $84,909 | Series A | – | – | |
| Jun 2014 | $4M | Series A | – | Toba Capital | – |
| May 2014 | Series A | – | – | ||
| Jun 2013 | $1.5M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Seal Software
Seal Software has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include DocuSign, Tern and Toba Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Stage-agnostic investments are conducted by Toba Capital in US companies. | tobacapital.com | Newport Beach, United States | ||
Venture capital investments in IoT companies are managed by Tern. | 2004 | ternplc.com | London, United Kingdom | |
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | docusign.com | San Francisco, United States | |
| sallfort.com |
Investor details for Seal Software
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People of Seal Software
850 people are tracked at Seal Software (247 in leadership, 10 in board & advisors, 593 in team); the tracked headcount is 112.
| Name | Role | Group |
|---|---|---|
Danica Gragg | Regional Vice President | Leadership |
Terri Boyle Romanelli | Strategic Account Director | Leadership |
Ingrid Nyffeler | Channel Resell Director - EMEA | Leadership |
Caroline Goldman-Tow | Senior Manager, Enablement - Head Of Sales Enablement APJ | Leadership |
Meliza Krakowski | Director, Enterprise Renewal Management | Leadership |
Alok Sheth | VP Of Engineering | Leadership |
Anna Hovestadt | Partner Deal Operations Team Lead | Leadership |
Ben Eatwell | Senior Director Of Marketing APAC | Leadership |
Alexandria Tytus | Vp, Commercial Sales | Leadership |
Sadeq Zabihi | Senior Director Of Engineering | Leadership |
Jennifer Sievila Leedom | Senior Director, Enterprise Customer Success Account Management | Leadership |
Rich Klein | Regional Vice President, Commercial Sales @ Docusign | Leadership |
Sandesh Raikar | Sr. Director, Cloud & Production Engineering | Leadership |
Abhishek Kalai Raghavendra | Senior Director Of Engineering | Leadership |
Venkatesh Babu Kesavan | Vice President, Application Engineering | Leadership |
Miriam Paul T. | Head Of Tax | Leadership |
Koen Jansens | Senior Director, Customer Success Account Management ANZ | Leadership |
Amy Koenig | Enterprise Account Director | Leadership |
Janet Cashin | Enterprise Account Director | Leadership |
Michael Mothersbaugh | VP, Enterprise Sales | Leadership |
830 more people are available in the full profile.
Complete people profiles for Seal Software
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
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Investments & Acquisitions by Seal Software
Seal Software has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Apogee Legal.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Legal contract analytics solutions are provided using AI technologies. | apogeelegal.com | Charlotte, United States | 2015 | Jul 2018 | •••• |
Complete acquisition details for Seal Software
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Timeline of Seal Software
5 dated milestones of Seal Software across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Seal Software is founded.
- Funding First funding round of $1.5M.
- Acquisition Acquires Apogee Legal.
- Funding Latest funding round, Series B, of $15.0M.
- Exit Acquired by DocuSign.
Competitors of Seal Software
Seal Software has 3 listed competitors in our database, 3 of them funded. They include LexCheck, LegalSifter and Terzo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lexcheck.com | 2015 | New York, United States | $25M | AI-enabled contract review and analytics are provided by the platform. | ||
| legalsifter.com | 2013 | Pittsburgh, United States | $13.97M | 38 | AI-powered platform for contract review and analytics. | |
| terzo.ai | 2020 | Los Angeles, United States | $19.2M | 54 | Cloud and AI based contract analytics software |
Detailed competitors of Seal Software
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- Full competitor set
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Web traffic of Seal Software
Websites that share an audience with Seal Software (seal-software.com).
Websites whose visitors overlap most with Seal Software. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
investing.businessweek.com | investing.businessweek.com | 100% | – | ||
| spendmatters.com | 63% | 30.6K | #969,184 | View details | |
contracts-register.co.uk | contracts-register.co.uk | 60% | – | ||
easysoftware.co.uk | easysoftware.co.uk | 44% | – |
Top companies in Legal Tech
3 companies that operate in the same segment as Seal Software (Legal Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered legal research assistance is provided to law firms. | 2022 | San Francisco, California, United States | USD 1.82 B | 1,840 | ||
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M |
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Related news about Seal Software
Complete news archive for Seal Software
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Frequently Asked Questions about Seal Software
Seal Software was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Seal Software is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Seal Software is a funded company, having raised a total of $50.58M across 6 funding rounds to date. The company's 1st funding round was a Series A of $1.5M, raised on Jun 2013.
Seal Software has 112 employees.
Seal Software was founded in 2010 and is based in San Francisco, United States. Solutions for contract discovery, extraction, and analytics are offered in the legal technology sector. Unstructured contract data is located across organizational systems. Thousands of contracts are processed using machine learning, natural language processing, and proprietary methods. Repositories are populated and updated, with integrations provided for CRM, CLM, and ERP platforms.
Seal Software's top competitors include LegalSifter, Terzo and LexCheck.
Seal Software has made 1 acquisition, including Apogee Legal.
Seal Software has 4 investors. Key investors include DocuSign, Tern, Toba Capital, and Sallfort Privatbank.
Seal Software operates through Seal Software, Inc..
Yes. Seal Software was acquired by DocuSign in February 2020.